LARGO RESOURCES LTD chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 3.58
Dividend & YieldN/AC$ (N/A)
Beta 1.75
Market capitalization 541.26M
Operating cash flow 17.79M
ESG Scores unknown

Company description

Largo Inc. engages in the development and sale of vanadium-based utility scale electrical energy storage systems in Canada. The company operates in five segments: Sales & Trading, Mine Properties, Corporate, Exploration and Evaluation Properties, and Largo Clean Energy. Its products include VPURE+ vanadium flakes that are used in the production of master alloys and aerospace applications; VPURE vanadium flakes ferrovanadium and vanadium carbon nitride for the steel industry; and VPURE+ vanadium powder for catalyst applications. The company offers renewable energy solutions through Largo Clean Energy. Its products are sourced from vanadium deposits at the Maracás Menchen Mine in Brazil. The company was formerly known as Largo Resources Ltd. and changed its name to Largo Inc. in November 2021. Largo Inc. was incorporated in 1988 and is headquartered in Toronto, Canada.

Sector: Basic Materials - Industry: Other Industrial Metals & Mining

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -3.46M 55.81M -43.66M 4.06M
Total Cashflows From Investing Activities -18.99M -37.95M -18.11M -27.4M
Net Borrowings -127M -92.81M 24.79M -10.02M
Total Cash From Financing Activities -177.79M -85.31M 30.23M -6.9M
Change To Operating Activities -1.98M -3.86M 2.68M -3.15M
Issuance Of Stock 9.33M 9.98M 4.23M 3.16M
Net Income 315.96M -26.97M 6.76M 22.57M
Change In Cash 151.46M -23.89M -48.35M 4.64M
Effect Of Exchange Rate -3.84M -5.23M -972k -831k
Total Cash From Operating Activities 352.07M 104.6M -59.51M 39.78M
Depreciation 31.25M 30.76M 17.67M 22.66M
Change To Account Receivables -43.4M 38.85M -14.38M -5.45M
Other Cashflows From Financing Activities -60.12M -2.48M 1.21M -45k
Change To Netincome 55.95M 17.84M -12.37M 10.13M
Capital Expenditures -18.99M -37.95M -18.11M -27.4M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 322.65M -23.49M 7.72M 31.76M
Net Income 315.96M -26.97M 6.76M 22.57M
Selling General Administrative 21.32M 13.16M 11.58M 24.33M
Gross Profit 385.67M 12.16M 31.6M 65.27M
Ebit 355.87M -15.6M 16.83M 31.73M
Operating Income 355.87M -15.6M 16.83M 31.73M
Interest Expense -34.4M -6.8M -1.14M -981k
Income Tax Expense 6.7M 3.48M 962k 9.19M
Total Revenue 521.41M 105.11M 119.99M 198.28M
Cost Of Revenue 135.75M 92.95M 88.39M 133.01M
Total Other Income ExpenseNet -33.21M -7.9M -9.1M 25k
Net Income From Continuing Ops 315.96M -26.97M 6.76M 22.57M
Net Income Applicable To Common Shares 315.96M -26.97M 6.76M 22.57M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 160.1M 85.56M 50.64M 48.21M
Total Stockholder Equity 392.73M 272.1M 247.16M 265.7M
Other Current Liabilities 5.24M 333k 3.52M 8.01M
Total Assets 552.83M 357.66M 297.81M 313.91M
Common Stock 415.26M 396.03M 406.21M 415.98M
Other Current Assets 21k 76k 448k
Retained Earnings -29.48M -78.87M -71.9M -49.33M
Treasury Stock 6.95M -45.05M -87.15M -100.96M
Cash 206.19M 127.5M 79.14M 83.79M
Total Current Liabilities 151.23M 78.22M 44.35M 41.67M
Other Stockholder Equity 6.95M -45.05M -87.15M -100.96M
Property, Plant, and Equipment 247.45M 190.49M 148.97M 146.66M
Total Current Assets 286.49M 156.6M 137.3M 159.98M
Net Tangible Assets 392.73M 272.1M 242.8M 261.77M
Net Receivables 62.56M 6.15M 19.1M 23.68M
Accounts Payable 24.11M 75.05M 12.29M 14.05M


Insider Transactions

Here are the insider transactions of stock shares related to LARGO RESOURCES LTD:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Largo IncRedemption, retraction, cancelation, repurchase at price 7.05 per share.D2022-08-17Issuer14.48k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.05 per share.D2022-08-17Issuer14.48k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.30 per share.D2022-08-16Issuer14.48k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.30 per share.D2022-08-16Issuer14.48k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.58 per share.D2022-08-15Issuer14.1k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.58 per share.D2022-08-15Issuer14.1k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.66 per share.D2022-08-12Issuer12.03k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.66 per share.D2022-08-12Issuer12.03k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.49 per share.D2022-08-11Issuer12.03k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.49 per share.D2022-08-11Issuer12.03k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.64 per share.D2022-08-10Issuer12.03k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.64 per share.D2022-08-10Issuer12.03k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.32 per share.D2022-08-09Issuer12.03k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.32 per share.D2022-08-09Issuer12.03k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.45 per share.D2022-08-08Issuer11.88k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.45 per share.D2022-08-08Issuer11.88k
Largo IncRedemption, retraction, cancelation, repurchase at price 5.44 per share.D2022-08-05Issuer12.23k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.03 per share.D2022-08-05Issuer12.23k
Largo IncRedemption, retraction, cancelation, repurchase at price 6.94 per share.D2022-08-04Issuer12.23k
Largo IncRedemption, retraction, cancelation, repurchase at price 6.94 per share.D2022-08-04Issuer12.23k
Largo IncRedemption, retraction, cancelation, repurchase at price 5.46 per share.D2022-08-03Issuer12.23k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.01 per share.D2022-08-03Issuer12.23k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.19 per share.D2022-08-02Issuer12.08k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.19 per share.D2022-08-02Issuer12.08k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.28 per share.D2022-08-02Issuer6.7k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.28 per share.D2022-08-02Issuer6.7k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.46 per share.D2022-08-01Issuer12.23k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.46 per share.D2022-08-01Issuer12.23k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.58 per share.D2022-07-29Issuer35.57k
Largo IncD2022-07-29Issuer35.57k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.27 per share.D2022-07-28Issuer35.91k
Largo IncD2022-07-28Issuer35.91k
Largo IncRedemption, retraction, cancelation, repurchase at price 6.95 per share.D2022-07-27Issuer36.55k
Largo IncD2022-07-27Issuer36.55k
Largo IncRedemption, retraction, cancelation, repurchase at price 6.71 per share.D2022-07-26Issuer35.44k
Largo IncD2022-07-26Issuer35.44k
Largo IncRedemption, retraction, cancelation, repurchase at price 6.52 per share.D2022-07-25Issuer36.13k
Largo IncD2022-07-25Issuer36.13k
Largo IncRedemption, retraction, cancelation, repurchase at price 6.66 per share.D2022-07-22Issuer37.8k
Largo IncD2022-07-22Issuer37.8k
Largo IncRedemption, retraction, cancelation, repurchase at price 6.81 per share.D2022-07-21Issuer34.38k
Largo IncD2022-07-21Issuer34.38k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.00 per share.D2022-07-20Issuer37.58k
Largo IncD2022-07-20Issuer37.58k
Largo IncRedemption, retraction, cancelation, repurchase at price 7.06 per share.D2022-07-19Issuer37.49k
Largo IncD2022-07-19Issuer37.49k
Largo IncRedemption, retraction, cancelation, repurchase at price 6.89 per share.D2022-07-18Issuer37.49k
Largo IncD2022-07-18Issuer37.49k
Largo IncRedemption, retraction, cancelation, repurchase at price 6.52 per share.D2022-07-15Issuer39.24k
Largo IncD2022-07-15Issuer39.24k
Largo IncRedemption, retraction, cancelation, repurchase at price 5.88 per share.D2022-07-14Issuer39.17k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to LARGO RESOURCES LTD. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on LARGO RESOURCES LTD

Here is the result of two systematic investment strategies applied to LARGO RESOURCES LTD. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on LARGO RESOURCES LTD

The following chart shows the equity curve of the two systematic investment strategies applied to LARGO RESOURCES LTD:

LARGO RESOURCES LTD automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 2.25% on the backtest period.

Performance at glance

Performance

2.25 %

Latent gain

33.87 C$

Invested capital

1502.07 C$

Annualized return

0.54 %
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Momentum strategy results on LARGO RESOURCES LTD

This is the result of two momentum investment strategies applied to LARGO RESOURCES LTD. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on LARGO RESOURCES LTD

The following chart shows all the entries opened by the momentum investment system on LARGO RESOURCES LTD:

LARGO RESOURCES LTD momentum entries
  • The first momentum investment strategy would give -10.31% of return on LARGO RESOURCES LTD. That represents -466.63C$ of latent gain with 4525.9C$ of employed capital.
  • The second momentum investment strategy would give 2.45% of return on LARGO RESOURCES LTD. That represents 91.7C$ of latent gain with 3735.96C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-10.31 %

Latent gain

-466.63 C$

Invested capital

4525.9 C$

Annualized return

-14.55 %
Performance at glance (2Q Momentum)

Performance

2.45 %

Latent gain

91.7 C$

Invested capital

3735.96 C$

Annualized return

0.67 %

Momentum equity curve on LARGO RESOURCES LTD

The following chart shows the equity curve of the two momentum strategies applied to LARGO RESOURCES LTD:

LARGO RESOURCES LTD momentum equity

Note: the dividends potentially given by LARGO RESOURCES LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on LARGO RESOURCES LTD

The following chart shows the employed capital evolution of the two momentum strategies on LARGO RESOURCES LTD since the beginning:

LARGO RESOURCES LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on LARGO RESOURCES LTD

Buy the dip entry openings on LARGO RESOURCES LTD

LARGO RESOURCES LTD

The performance achieved by the robo-advisor on LARGO RESOURCES LTD is -31.13%. That represents -77.14$ of latent gain with 247.8C$ of employed capital. The following chart shows LARGO RESOURCES LTD stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of LARGO RESOURCES LTD, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-31.13 %

Latent gain

-77.14 C$

Invested capital

247.8 C$

Annualized return

-14.55 %

Equity curve of the strategy applied to LARGO RESOURCES LTD

The following chart shows the result of the investment strategy applied to LARGO RESOURCES LTD:

LARGO RESOURCES LTD

Note: the dividends potentially given by LARGO RESOURCES LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on LARGO RESOURCES LTD

The following chart shows the employed capital evolution since the beginning of the investment strategy on LARGO RESOURCES LTD:

LARGO RESOURCES LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on LARGO RESOURCES LTD

In this section, I will compare the three previous investment strategies applied to LARGO RESOURCES LTD.

Equity curve comparison on LARGO RESOURCES LTD

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

LARGO RESOURCES LTD investment strategy comparison

Employed capital comparison on LARGO RESOURCES LTD

LARGO RESOURCES LTD investment comparison

Performance comparison on LARGO RESOURCES LTD

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 2.25% 33.87C$ 1502.07C$ 0.54%
Momentum 1 quarter -10.31% -466.63C$ 4525.9C$ -2.64%
Momentum 2 quarters 2.45% 91.7C$ 3735.96C$ 0.67%
Non-directional -31.13% -77.14C$ 247.8C$ -14.55%
Annualized return comparison

Automatic investment

0.54 %

Momentum 1Q

0.67 %

Momentum 2Q

0.67 %

Non-directional

-14.55 %

Correlated stocks

Here are the most positively and negatively correlated stocks with LARGO RESOURCES LTD:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

  • SPDR Bloomberg 1-3 Month T-Bill ETF

  • Note: The algorithm computes the probability of correlation between LARGO RESOURCES LTD and the other stocks. There may be false positives or some missing correlated stocks. If the price of LARGO RESOURCES LTD does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name LARGO RESOURCES LTD
    Country Canada
    City Toronto
    Address 55 University Avenue
    Phone
    Website www.largoinc.com
    FullTime employees 478
    Industry Other Industrial Metals & Mining
    Sector Basic Materials
    Exchange XTSE
    Ticker LGO.XTSE
    Market

    LARGO RESOURCES LTD ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown